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Mol-affair: Foreign policy coup with potentially risky consequences

Political Capital
On May 24, Prime Minister Viktor Orbán unexpectedly, although not without preliminaries, announced: the government acquired the 21.2% stake of Russia’s Surgutneftegaz in MOL for EUR 1.88 billion. While the acquisition is a foreign-policy success for the Hungarian state, it poses risks in domestic politics and may even undermine Mol’s market position.
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Contributor: Political Capital - http://www.politicalcapital.hu
Topic: Economy and Development
Country: Hungary, Croatia
Document Type: Featured Article
Year: 2011
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